SJ_GR113 St Joseph, MO Wed, Dec 11, 2019 USDA-MO Dept of Ag Market News National Daily Ethanol Report Corn is spot bid at selected Ethanol plants as of 8:00 A.M. Distiller grains with Solubles (DGS) is FOB the plant. Ethanol is the spot market, FOB the plant. Prices quoted: corn dollars/bushel, DGS dollars/ton, ethanol dollars/gallon, corn oil cents/pound. Yellow Corn Bids Change (¢/bu) Basis Change Iowa-Eastern 3.5700-3.7200 UP 1.25-UP 4.25 -20H to -5H UNCH-UP 3 Iowa-Western 3.5000-3.8800 UP 1.25 -27H to 11H UNCH Illinois 3.5800-3.9700 UP 1.25-UP 0.25 -19H to 20H UNCH-DN 1 Indiana 3.7000-4.1500 UP 1.25 -7H to 38H UNCH Ohio 4.0500-4.2200 UP 1.25 28H to 45H UNCH Michigan 3.9200-4.0200 UP 1.25 15H to 25H UNCH Kansas 3.7700-4.0200 UP 1.25 OptH to 25H UNCH Minnesota 3.4100-3.8600 UP 1.25 -36H to 9H UNCH Nebraska 3.5000-3.7500 UP 1.25-UP 4.25 -27H to -2H UNCH-UP 3 Wisconsin 3.5200-3.7200 UP 1.25-DN 3.75 -25H to -5H UNCH-DN 5 South Dakota 3.3700-3.8200 UP 1.25 -40H to 5H UNCH Missouri 3.5200-3.9000 UP 1.25 -25H to 13H UNCH Sorghum (Milo) Bids Change (¢/bu) Basis Change Kansas 3.3700-3.5200 UP 1.25 -40H to -25H UNCH Missouri NA NA NA NA Dried Distillers Grain (10% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 135.00 UNCH Iowa-Western 132.00-158.00 135.00-147.00 UNCH Illinois 145.00-170.00 142.00-155.00 UNCH Indiana 135.00-158.00 140.00-148.00 UNCH Ohio 148.00-155.00 150.00-155.00 UNCH Michigan 137.00-155.00 135.00-142.00 UNCH Kansas 140.00-175.00 140.00-153.00 UNCH Minnesota 135.00-145.00 UNCH Nebraska 145.00-167.00 155.00-160.00 UNCH Wisconsin 130.00-140.00 UNCH South Dakota 135.00-146.00 136.00-145.00 UNCH-UP 1 Missouri 155.00-162.00 UNCH Modified Wet Distillers Grain (50-55% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern 70.00 UNCH Iowa-Western 60.00-75.00 60.00-70.00 UNCH Illinois NA NA Indiana NA NA Ohio NA NA Michigan NA NA Kansas NA NA Minnesota 65.00 UNCH Nebraska 65.00-87.00 67.00-78.00 UNCH Wisconsin 60.00 UNCH South Dakota 70.00-76.00 UNCH Missouri 78.00 UNCH Wet Distillers Grain (65-70% Moisture) Offers Mostly Change ($/ton) Iowa-Eastern NA NA Iowa-Western 43.00-64.00 UNCH Illinois 56.00 UNCH Indiana NA NA Ohio NA NA Michigan NA NA Kansas 40.00-65.00 55.00-65.00 UNCH Minnesota 43.00 UNCH Nebraska 40.00-60.00 45.00-55.00 UNCH-DN 2 Wisconsin 45.00 UNCH South Dakota 46.00 DN 6 Missouri 49.00-55.00 UNCH Ethanol Offers Change ($/gal) Iowa 1.31-1.58 DN 0.06-DN 0.09 ECB 1.46-1.60 DN 0.07-UNCH Kansas 1.37-1.42 UNCH-DN 0.15 Minnesota 1.37-1.43 DN 0.06-DN 0.04 Nebraska 1.34-1.58 DN 0.04-DN 0.09 Wisconsin NA NA South Dakota 1.37 DN 0.09 Distillers Corn Oil (DCO) Offers Change (¢/lb) Iowa 21.00-24.00 DN 1-DN 0.5 ECB 22.00-25.00 UNCH Nebraska 21.00-23.50 DN 1.5-DN 0.5 South Dakota 21.50-24.00 UNCH Bio-Energy Report Notes: Protein content 28-30% for most distiller grains on a dry matter basis. Modified Wet Distillers Grain is a partially dried product. Wet Distillers Grain is a non-dried product. Distillers corn oil is intended for animal feed or biofuel and is not Generally Regarded As Safe (GRAS) for human consumption. It may also be referred to as inedible crude corn oil or crude corn oil. Yellow Corn = US #2 Chicago Board of Trade month symbols: F January, G February, H March, J April, K May, M June, N July, Q August, U September, V October, X November, Z December Source: USDA Market News Service, St Joseph, MO Staff 816-676-7000         www.ams.usda.gov/mnreports/SJ_GR113.txt         www.ams.usda.gov/LPSMarketNewsPage 955Clp